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HomeMy WebLinkAbout1440 79 173 LAST WILL AND TESTAMENT OF MYRON M. VARN Page 7 closing said Trust. (h) - It shall keep accurate books of account which at all reasonable times shall be open to the inspection of any beneficiary entitled to receive income or principal hereunder, and shall render annual reports to each of said beneficiaries showing all receipts and disbursements made on behalf of the Trust fund. (i) - They are to do all other acts necessary or which, in their judgment, may be appropriate for the proper and advan- tageous management, investment and distribution of my estate and of my Trust fund. - They are authorized to continue to hold any stock or other securities in FRUIT CONTRACTORS INC., and any other family corporation in which I may own an interest in the future, or any successors thereto, and I expressly exoner e my said Co-Executors and Trustee from any responsi i y for i any losses resulting from such retention, except only for E wilful bad faith. IX. E I direct that all estate, inheritance and succession f taxes, of every description, imposed by law upon the disposi- tion of any of my property, real or personal by this Will, or by a Codicil thereto, or any insurance or other property, .real or personal, required by law to be included in my gross estate for the purposes of taxation, be paid by my Co-Executors out of the residue of my Estate,_after using the insurance proceeds. ~ IN WITNESS WHEREOF, I have hereunto set my hand and r seal, and for the purpose of identification have signed my F go~K 307 ~~1440 4 'fir ~ ~